Asian Markets Plunge Across Board on monday

Markets in Asia and Europe fell again Monday, extending their slide into a second week

All the investors are worried about a possible global slowdown for past weeks.Also sparking jitters was the yen's jump to a three-month high against the dollar.In Tokyo, the Nikkei 225 index fell for a fifth day.

Now coming to the markets in Hong Kong, Australia, the Philippines, India and South Korea all fell sharply Monday, continuing their declines from last week, when a 9 percent plunge in Chinese stocks on Tuesday triggered a sell-off on Wall Street and other global markets.

"When there's such a big market move in such a short period of time, there's that element of surprise and confusion," said Teruhisa Ishikawa, section chief for investors information at Mizuho Investors Securities Co.